Support Board
Date/Time: Sun, 16 Mar 2025 12:42:06 +0000
number of ticks per minute indicator
View Count: 2743
| [2022-08-08 15:13:07] |
| countryboy92 - Posts: 91 |
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I am trading the S&P and I can't find an indicator that shows the number of ticks per minute or per 10, 20 or 30 minutes. For instance, I am using 2 tick charts, a 20 tick and a 6 tick charts. When I compare let's say 2am-2:30am to 9am-9:30am it's clear that more 20 tick or 6 ticks candles are formed during the latter vs. the former. Is there an indicator that will show me how many ticks price has moved during say the last 5, 10, or 30 minutes?
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| [2022-08-08 19:12:18] |
| John - SC Support - Posts: 38678 |
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There is not a direct indicator that does this. But you can calculate it out. You would need to start with a time-based chart that is set to the time for which you want to calculate the number of ticks and is set to a time that also matches the time you are looking for. Then just find the High minus the Low and divide by the Tick Size. The easiest way to do the calculation is to use the Spreadsheet Formula, as it can reference the Tick Size for the chart, so your formula would be: =(H - L) / TICKSIZE You can then use any number of studies to display the information in another chart. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-08-09 00:48:00] |
| User90125 - Posts: 715 |
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In SC, doesn't "number of ticks" refer to the number of trades that have taken place? This isn't referring to the Tick Size of a given symbol. Am I mistaken here? |
| [2022-08-09 14:10:52] |
| John - SC Support - Posts: 38678 |
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It is used for both. We thought you were looking for the amount of price movement, not trades. To get the Number of Trades it will be the same process where you will need to setup a chart for the time period you want, then you can use the Study Subgraph Reference to get the # of Trades from the Main Price Graph. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-08-09 23:30:07] |
| countryboy92 - Posts: 91 |
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Yes, I want to see how quickly price is moving up or down at a given time increment, say per minute, per 10 minutes, etc
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| [2022-08-11 12:57:44] |
| countryboy92 - Posts: 91 |
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Does anyone have any example study or chart of using an Excel formula like this in Sierra Charts? I've never done this before. Maybe someone can add this to the "user contributed" custom studies. What I would like to add to the top or bottom of my 20 tick candle chart are bars that show how much time has elapsed to create each bar; probably in mm.ss format. Date Time Of Last Edit: 2022-08-11 13:08:43
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| [2022-08-11 13:48:08] |
| Sawtooth - Posts: 4184 |
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What I would like to add to the top or bottom of my 20 tick candle chart are bars that show how much time has elapsed to create each bar; probably in mm.ss format.
Try this:Add the Bar Time Duration study - Set the Chart Region to 1 - Set the DrawStyle to Value On High - Set the Width/Size to your requirements. |
| [2022-08-11 14:01:52] |
| countryboy92 - Posts: 91 |
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This could work; I have to see how I can make something similar to volume bars along the bottom of my chart that graphically show me the duration with the size of each bar
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| [2022-08-11 14:03:00] |
| Sawtooth - Posts: 4184 |
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I have to see how I can make something similar to volume bars along the bottom of my chart that graphically show me the duration with the size of each bar
The Bar Time Duration study does that by default.
Date Time Of Last Edit: 2022-08-11 14:03:40
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| [2022-08-12 13:42:51] |
| countryboy92 - Posts: 91 |
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I ended up using stair step and region 3 (at the bottom of my chart) and it works fine. It shows me the time elapsed for each 20 tick candle. What I really want though, is my stair step to be inverted where it's larger when the time elapsed is shorter, and smaller when the time elapsed is bigger for each 20 tick candle. Is there a way to reverse the formula? |
| [2022-08-12 17:03:17] |
| John - SC Support - Posts: 38678 |
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There is not a way to invert and keep the data the same (i.e. an inverted scale). But, you can either multiply the results by -1, or you can invert the data (1/data). In either case, you would use the Arithmetic studies to do this. Refer to the following: Using the Basic Arithmetic Studies For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-08-17 13:44:38] |
| countryboy92 - Posts: 91 |
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I'm not really seeing what I want on my tick chart. Please see the attached image of my 6 tick S&P chart. I am trying to see an indicator on the bottom of my chart that shows a bigger bar when say 20 ticks have been generated in 30 minutes vs. 10 ticks in 30 minutes. In this case from 14:30 to 15:00 which had very fast price movement compared to the preceding and succeeding 30 minutes.
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 Time Duration on Tick Chart.PNG / V - Attached On 2022-08-17 13:44:29 UTC - Size: 48.55 KB - 344 views |
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